{"id":930660,"date":"2025-05-14T11:27:51","date_gmt":"2025-05-14T05:57:51","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=930660"},"modified":"2025-05-14T11:27:51","modified_gmt":"2025-05-14T05:57:51","slug":"mobile-games-turn-into-boom-or-bust-industry-as-spending-rises","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/14\/mobile-games-turn-into-boom-or-bust-industry-as-spending-rises\/","title":{"rendered":"Mobile Games Turn Into Boom-or-Bust Industry as Spending Rises"},"content":{"rendered":"<p>(Bloomberg) &#8212; Mobile gamers ramped up their spending by 4% last year even as the number of downloads and new releases fell, highlighting the narrowing of the industry to a handful of huge titles that dominate users\u2019 time.<\/p>\n<p>New hits took less time than ever to reach their first $1 million in revenue \u2014 106 days \u2014 but competition from evergreen titles meant there were fewer of those standouts than before, according to Appfigures data. Only 399 new games achieved that threshold, and there were 43% fewer games released overall in 2024, the researchers said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Bloomberg) &#8212; Mobile gamers ramped up their spending by 4% last year even as the number of downloads and new releases fell, highlighting the narrowing of the industry to a handful of huge titles that dominate users\u2019 time. New hits took less time than ever to reach their first $1 million in revenue \u2014 106 days \u2014 but competition from evergreen titles meant there were fewer of those standouts than before, according to Appfigures data. Only 399 new games achieved that threshold, and there were 43% fewer games released overall in 2024, the researchers said.<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[13,4,56],"tags":[],"class_list":["post-930660","post","type-post","status-publish","format-standard","hentry","category-live-mint","category-newspapers","category-telecom-live-mint"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=930660"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/930660\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=930660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=930660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=930660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}